8 Tribal Lenders Most Popular (No credit check + guarantee of approval)
Mobiloans

The Tunica Biloxi Tribe of Louisiana is the sole owner of the company. It was officially recognized as an American Indian Tribe back in 1981. It operates its business on the internet, with an office located on the tribe's reservation.

Mobiloans offers loans to individuals who are in urgent cash requirement. Be aware that Mobiloans is not regulated by the state and is able to borrow from lenders who are tribal.

Mobiloans loans look very much like credit card cash advances. However, they come with higher rate of interest and are identical to a conventional payday loan. Mobiloans also charge borrowers finance fees and cash advance charges. The annual percentage rate (APR), ranges from 206.14% to 4422.31 percent.

Get a complete review of Mobiloans right here
Bright Lending

Bright Lending is also known as Aaniiih Nakada Finance. It's a lending firm located in Hays (Mont.). Since it's an atribal lender, the business's ownership falls under the jurisdiction of an American Indian tribe that's also recognized by the state. This means that the Indian tribe here is known as the Fort Belknap Indian Community of Montana.

Bright Lending's rates of interest are astronomically high for new customers. If you are looking to make automatic payments, Bright Lending will reduce your interest rate to 700%. The result is still 309% higher than an average payday loan.

Bright Lending, which has been in operation for five years it offers a short-term payday loan with high interest rates. . They cost nearly twice the amount of traditional payday loans. Furthermore, they are almost twice as expensive as traditional payday loans. Federal Reserve Bank of St. Louis The average interest rate for a payday loan as 391%..

Read a thorough analysis of Bright Lending here
Spotloan

Spotloan provides a different option to payday loans by offering the tribal loan online. It functions in the same way as Better Day Loans. Spotloan offers low-interest, short-term installment loans to those who meet the criteria. Spotloan differs from other payday lenders. They give customers to pay back their loans in a sequence of installments.

Spotloan's maximum annual percentage rate (APR) is 490 percent. As an example, suppose you borrow $600 from Spotloan and select a bi-weekly payment, you'll pay $775 in finance charges, meaning you'll pay back $1,375 total for your $600 loan -- if you pay all your payments on time.

Spotloan is determined to offer a more appealing alternative to payday loans. Its loan repayments are less complicated than traditional payday loans. That means they cannot be different from loan companies.

View a detailed review of Spotloan HERE
Plain Green Loans

The company is currently only available online and offers personal loans that need to be repaid over time. Plain Green Loans offers loans similar to payday loans in terms of the amount and the higher interest rate.

Find a thorough review of Plain Green Loans.
American Web Loans

American Web Loans is an internet lender that is fully owned by the Otoe-Missouria Tribe of Indians. It legally identifies itself as an sovereign American Indian country, so it's not governed by state laws.

Since the 1600s since the 1600s, the Missouri River Valley has been home to the Indian tribe. The company has been operating only for ten of the past ten.

American Web Loans' APR advertises an APR range between 400-600% If you borrow $800 at the 400% rate, and pay it back in 28 installments totaling $126.42 and you'll be paying about $3,539.

A full review of American Web Loans is available
Big Picture Loans

Big Picture Loans offers payday loans to tribal customers. The business has been operating for a long time, spanning over 8 years.

Big Picture Loans claims that they will take up to 94% external applications and begin the disbursement process for all approved loans on the next business day.

Big Picture Loans is under ownership by the Lake Superior Chippewa Indians Tribe. Its activities are usually outside Watersmeet, Michigan which happens to be also one of the reservations of the tribe.

Big Picture Loans offers loans that range from $200 to $3500 with an APR of between 350% and 699% and terms between 4-18 months. A loan of more than $5,000 $900 at a 389% APR over 18 months results in a loan amount of $900.

Read the full review on Big Picture Loans.
Better Day Loans

Better Day Loans advertises itself as a viable alternative to payday loans. The APR for a personal loan from Better Day Loans may be twice that of a traditional payday loan. An average $500 loan at 780% APR, with 24 monthly payments of $162 per monthly, is $3900.

Check out the complete review of Better Day Loans here
Majestic Lake Financial

Majestic Lake Financial coins itself as a tribe-based lending company which offers loans to individuals through its website. The website's "Who We Are" section will show that they offer loans with flexible terms to customers with low credit scores. Majestic Lake Financial does not provide a date when they began operations. However, Majestic lake Financial says that they were founded in 2013, according to the Better Business Bureau.

Majestic Lake says on its website that they are no longer offering new loans. They appear to have rebranded, currently trading under the Uprova and Ascend identities. The BBB also places an "Additional Information" section on their review page. Majestic Lake Financial maintains close business relationships with Silver Cloud Financial (Mountain Summit Financial) and Golden Valley Lending. Check out whether lenders operate under different names or have been partnered with other lenders when you're considering borrowing.

Majestic Lake provided loans from $300 to $1000. The APRs are withheld by Majestic Lake.

See a complete review of Majestic Lake Financial here
What kind of tribal loans should you Take into consideration?

Do not take out payday loans if possible. If you can't avoid taking out a payday loan, make sure you read the fine print carefully and be aware of the protections.

Traditional payday loans, if you are forced to pick between traditional and tribal payday loans payday loans, are far superior to traditional payday lenders from tribal communities. This is because tribal lenders offer only a limited amount of protection for borrowers.

To obtain the smallest payday loan, should have a payment plan.
Are Tribal Loan Illegal?

Tribal loans are legal ambiguous. Some states have tightened laws regarding payday loans. Other states have outlawed payday lenders completely. According to the National Conference of State Legislatures 37 States now have laws governing payday loans..

But, tribal lenders claim that tribal lenders are immune from state law because they are controlled and owned exclusively by tribal governments. Check with your state for guidance on tribal lending.
FAQs
Can Tribal Lenders Garnish Wages?

The payday lender or debt collector may attempt to force you to repay the loan if you are unable to repay it. If the ruling falls in their favor, or you do not dispute the lawsuit or claim and the court decides to issue a judgment or order against you. Your wages will be seized by the Lender Only Tribal Installment Loans or collector. This can also happen if your bank or credit union receives a garnishment request (also called the bank garnishment).
Each state has its own procedure for garnishment of wages and bank garnishment. Federal law permits certain payments and benefits to be exempted form garnishment.
Remember that certain tribal loan lenders may use garnishment threats to force borrowers into payment, despite any legal authority from the government to use this method. If you find yourself in this situation, research your legal options. The Federal Trade Commission (FTC) as well as the Consumer Finance Protection Bureau have guidelines that lenders must adhere to.
Is it possible for an Tribal Payday Loan Company Sue me?

The answer is simple: yes. The payday loan company can sue you in the event that you are not able to meet your repayments. They can only sue for non-payments and breaches of the loan agreement.
Payday lenders will not take you to criminal court. Instead, they will only go to civil courts. If you don't pay back the loan you received from payday lenders in full, you are not able to be sentenced to prison.
Most of the time, lenders favor private negotiations and can assist you in creating the perfect payment plan instead of to settle the matter through court.
Are Tribal Loans Garantied?

There is no guarantee that a loan will be approved, tribal loans are easy to obtain. There are certain basic criteria.
You'll need a driver's licence or government ID.
Do Tribal Lenders Offer reports from credit bureaus?

In general the case, tribal lenders don't report to credit bureaus;.
Are Tribal loans able to be used against credit?

The majority of tribal lenders will not check your credit.
How many Tribal Loans Can You Get At One Time?

A lot of tribal lenders' websites declare that you'll only be qualified for one loan from a tribal lender. Some borrowers can try to negotiate to have the loan extended in case they're unable to make their payments or have the loan they have already taken on rolled into an entirely new loan. However, it's possible to find a different tribal lender who will offer an entirely different loan. This is not advised.